| Prices of residential properties shot up significantly in six cities, including Pune, Chennai and Mumbai, while there was a decline in nine during the second quarter 2011-12 year-on-year, the National Housing Bank said.
As per the NHB's Residex index for the July-September quarter, residential housing prices in Pune went up by 13 percent year-on-year, followed by an increase of 9 percent in Chennai and 7 percent in Mumbai. NHB is the housing finance regulator...............................................Full Article: Source
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